Runwal Enterprises IPO
Runwal Enterprises IPO Listing Day Performance
Runwal Enterprises listed on BSE & NSE on 05 October 2026 at ₹306.00, a 0.33% premium over the issue price of ₹305. A retail investor allotted one lot of 49 shares gained ₹49 at the listing price.
GMP vs actual listing
| Last GMP before listing | ₹-5 (-1.6%) |
| GMP-implied listing | ₹300 |
| Actual listing | ₹306.00 |
| Difference | +₹6 (+2%) |
Demand going into listing
| Subscribed overall | 2.63× |
| QIB | 4.1× |
| NII | 4.14× |
| Retail | 1.18× |
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 4 | Final |
|---|---|---|---|
| QIB | 0.96x | 1.05x | 4.10x |
| NII | 0.28x | 0.94x | 4.14x |
| bNII > ₹10L | 0.33x | 1.12x | 4.57x |
| sNII 2-10L | 0.19x | 0.58x | 3.28x |
| Retail | 0.18x | 0.42x | 1.18x |
| Employee | 0.17x | 0.40x | 1.13x |
| Total | 0.42x | 0.71x | 2.63x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 2,436.68 | 1,050.71 | 1,850.79 |
| Expense | 2,279.90 | 953.15 | 1,626.86 |
| Profit (PAT) | 93.70 | 55.65 | 185.76 |
| Total Assets | 7,079.74 | 8,328.14 | 10,254.50 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Runwal Enterprises This IPO | 16.74 | - | 27.24 | 61.43 | - |
| Oberoi Realty Limited | 68.96 | 25.88 | 13.99 | 492.89 | 6,009.06 Cr |
| Lodha Developers Limited | 34.34 | 33.42 | 14.73 | 233.11 | 16,676.20 Cr |
| Godrej Properties Limited | 61.43 | 27.53 | 9.61 | 635.96 | 5,131.43 Cr |
| Sunteck Realty Limited | 13.94 | 21.09 | 5.60 | 245.92 | 1,123.94 Cr |
| Keystone Realtors Limited | 6.25 | 56.96 | 3.32 | 226.82 | 2,634.50 Cr |
| Prestige Estates Projects Limited | 27.76 | 51.70 | 8.02 | 377.80 | 12,685.40 Cr |
| Kalpataru Limited | 4.76 | 57.66 | 1.94 | 199.91 | 3,435.62 Cr |
Strengths & Risks
- Strong institutional (QIB) demand — 4.1x.
- Revenue grew 76% in the latest reported year.
- Solid profit margin — 10.0%.
- Elevated leverage — debt/equity of 3.29.
From this issue's live data. Not investment advice — read the RHP.
Company Information
Runwal Enterprises at a glance
From the company's description: “Founded in February 2016, Runwal Enterprises is one of the leading real-estate developers that builds residential homes across affordable, mid-income, and luxury segments, along with commercial spaces, retail malls, and educational buildings.”
Runwal Enterprises is raising ₹500 crore through an IPO on the BSE and NSE mainboard. All of it is a fresh issue: there is no offer for sale, so every rupee raised goes to the company rather than to selling shareholders. Main stated uses of the fresh money: Investment in the Material Subsidiaries namely Susneh Infrapark Private Limited and Runwal Residency Private Limited and our Subsi… (₹450 crore) and Repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the Company (₹200 crore).
Revenue went from ₹2,437 crore in 2024 to ₹1,851 crore in 2026, down 24% over 2 years. Profit after tax went from ₹93.7 crore to ₹186 crore, a net margin of 10% in the latest year.
Debt stands at 3.29 times equity.
Written from the issue's offer-document figures shown on this page. Not investment advice.
Company Contact Information
Runwal Enterprises Ltd., Runwal & Omkar Esquare, 4th floor, Off:, Eastern Exp Highway, Opp Sion Chunabhatti signal,, Sion-(E), Mumbai City, Mumbai, Maharashtra, India, Mumbai, Maharashtra, 400022
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the Company | 200.00 |
| Investment in the Material Subsidiaries namely Susneh Infrapark Private Limited and Runwal Residency Private Limited and our Subsidiary namely Evie Real Estate Private Limited, for repayment/ pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings. | 450.00 |
| Funding acquisitions of future real estate projects and general corporate purposes. | - |
Resources & Documents
Anchor Investors
Runwal Enterprises IPO - Quick Take
Runwal Enterprises has set a price band of Rs 290–Rs 305 per share for an issue size of Rs 500 crore. The stock listed with a 0.33% gain versus its issue price on October 05, 2026.
The issue is promoted by Subodh Subhash Runwal with ICICI Securities Ltd., Jefferies India Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the Company (Rs 200 crore) and investment in the Material Subsidiaries namely Susneh Infrapark Private Limited and Runwal Residency Private Limited and… (Rs 450 crore).
On fundamentals, the company is posting revenue growth of 76.2%, a profit margin of 10.0% in its most recent reported period. Listed peers in this segment include Oberoi Realty Limited (P/E 25.88x) and Lodha Developers Limited (P/E 33.42x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read weak — several key indicators are reading below average. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Runwal Enterprises IPO: Lead Manager & Registrar Track Record
How the firms running this issue and its registrar have fared on the other IPOs we track. Each firm's figures leave out Runwal Enterprises itself, so they describe what came before it.
- Runwal Enterprises listed at +0.3% on day one; the median of 113 listings was +7% (better than 29% of them).
- Subscribed 2.63x against a median of 20.56x across 111 issues (higher than 22%).
- Average listing-day move across all 114 Mainboard listings we track: +13.6%.
| Firm | Other IPOs | Listed at / above issue | Avg move | Median |
|---|---|---|---|---|
| ICICI Securities Ltd. Lead manager | 21 21 MB · 0 SME | 68% 13 of 19 | +17.5% | +6.7% |
| Jefferies India Pvt.Ltd. Lead manager | 9 9 MB · 0 SME | 88% 7 of 8 | +10.9% | +8.6% |
| MUFG Intime India Pvt. Ltd. Registrar | 65 43 MB · 22 SME | 74% 46 of 62 | Check allotment → | |
Recent listings managed by ICICI Securities Ltd. (5)
Best: Tempsens Instruments +111.3% · Weakest: Turtlemint Fintech −11.3%
| IPO | Listed | Listing-day move |
|---|---|---|
| Jio Platforms | 28 Oct 2026 | +21.4% |
| Bonfiglioli Transmissions | 23 Oct 2026 | +0% |
| NSE | 24 Sep 2026 | +0.8% |
| Hero Motors | 23 Sep 2026 | −2.3% |
| Manipal Payment | 17 Sep 2026 | −2.1% |
Recent listings managed by Jefferies India Pvt.Ltd. (5)
Best: Dhoot Transmission +37.8% · Weakest: Turtlemint Fintech −11.3%
| IPO | Listed | Listing-day move |
|---|---|---|
| EAAA India Alternatives | 02 Nov 2026 | +0.6% |
| Jio Platforms | 28 Oct 2026 | +21.4% |
| Bonfiglioli Transmissions | 23 Oct 2026 | +0% |
| Molbio Diagnostics | 17 Aug 2026 | +21.4% |
| Dhoot Transmission | 17 Aug 2026 | +37.8% |
A SEBI-registered merchant banker that runs the issue: due diligence, drafting the offer document, setting the price band with the company, and marketing the IPO to investors.
Finalises the basis of allotment, credits shares to demat accounts, releases blocked funds for unsuccessful bids and handles investor queries about the issue.
Listing-day move = exchange opening price vs issue price (band ceiling where the final price isn't recorded). Counts cover IPOs we track only. Past listings don't predict this one; this is not investment advice.
Frequently Asked Questions
Runwal Enterprises IPO GMP — What It Means
Its last GMP before listing was -1.6%. Of the 15 Mainboard IPOs we have tracked with a final GMP below zero, 2 listed above, 0 flat and 13 below the issue price; Runwal Enterprises listed 0.3% above its issue price.
See the full Runwal Enterprises GMP history and trend, or learn how grey market premium works and how reliable it is.
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